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Topic: Will you invest in a MLM scam in early stage? - page 17. (Read 17853 times)

full member
Activity: 182
Merit: 100
I am one of the victim off this scam before when I using the Bitcoin for my very first time because I am amazed that I can use it to do investment. I earned enough BTC that time and because of my ignorance that time and eagerness to earn more for my future savings I decided to continue and invest more including my income from my original capital and suddenly the system stop and can't contact the support team. In short I loss everything maybe a total of 2btc (1btc : 533USD) way back 2015. I loss my money but I gained knowledge. Now Im happy because Im a part of our organization now and it help me a lot.
hero member
Activity: 924
Merit: 500
Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.).  B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year.   There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.

Will you invest in such scheme well before it vanishes with bitcoins/money?

whatever kind of great offer or great in return of the investment of their investors still I won't participate on such kind of scheme programs. It is because that kind of systems is not long last in this industry.
hero member
Activity: 560
Merit: 500
We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
the final results of the MLM scam will surely end. but users who sign up at the beginning is very likely benefit. but it still does not guarantee you will profit. because many MLM also the scam in a short time
There is always a high risk in this, regardless of whether you invest at the beginning, middle or end of scheme lifetime. The reason for this is that scammers are not interested in when people put money into it, for them the only thing that matters is that they make a profit and are able to get away at the right time.
full member
Activity: 207
Merit: 100
I would not dare to jump in front of a train knowing that it would kill me,so no i wont invest in any scum ponzi scheme what ever lucrative it may be i do not want to risk my coins and would not do that even at an early stage.
sr. member
Activity: 364
Merit: 250
Some do say when they have invest early enough they've made a profit as little as they maybe before the ponzi closes it's doors and shuts down for the cycle.
member
Activity: 114
Merit: 10
No

Quite simply these are scams and the promoters and the people who set them up should be locked in jail. They will be illegal in nearly all countries where people participate (this might not matter to you, but if you are knowing promoting one of these schemes, not only are you preying on the vulnerable, lying and a general bastard you also guilty of a crime that could get you decades in a prison. They will always jupe more people out of money than people who gain. They also destroy confidence in the Bitcoin community.
sr. member
Activity: 770
Merit: 268
We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
the final results of the MLM scam will surely end. but users who sign up at the beginning is very likely benefit. but it still does not guarantee you will profit. because many MLM also the scam in a short time
Yes there were history that the MLM projects got shut down in the day one itself. So, the question of participating into it in early stages is indirectly supporting it like urging us to invest them if you find an MLM in early days. In other words what is the definition for early days ? and what would be the guarantee they will not wrap up just one day before to that definition.

MLM is just an instrument of the company so they can dispose their products without paying for employees, they will just use the peoples desire so they can dispose their products faster.
If MLM works in similar way of "affiliate marketing" then there would be no harm. Unfortunately MLMs are just circulating our money and the real problem starts there.
Early days definition is simple as early since launch of scheme or topmost in MLM tree.  MLM's shutting down in very early stage are mostly hyper HYIP type scheme. Normally MLM's without any specific product or mainly circulating money  are offering bit less profit than HYIP then it could go on for while. Remember Hashocean ran for two years. Those who invest in first year would have got benefit.
If MLM is working like Affiliate marketing  where actual product or service is involved and customers are benefiting from it then it is okay. However MLM scammers take advantage of this point and twist it to their benefit. Like scam would involve a product/serive whose actual cost would be less or compatible with those existing in market. These scams will increase the product/service value manifolds and then they will sell them. This way inflated price minus actual cost works more like ponzi scheme. People are asked to sell product/service, add more people in tree to get initial investment back and earn more profit. 
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
MLM is not a scam,it's just a distribution network

you do know herbal life and avon is listed on stock exchange right?
The problem is that most MLM are in fact scams so anyone using that name has become someone suspicious as it is cloud mining in this forum, I prefer to think of those business as an affiliate network rather than MLM.
hero member
Activity: 1022
Merit: 511
MLM is just an instrument of the company so they can dispose their products without paying for employees, they will just use the peoples desire so they can dispose their products faster.
If MLM works in similar way of "affiliate marketing" then there would be no harm. Unfortunately MLMs are just circulating our money and the real problem starts there.
Yes there are a lot of differences between MLM and affiliate marketing. If we do enter into a scheme only for benefits for the money we are paying and no actual business is involved, that must be a ponzi we should avoid it unlike how affiliate marketing is working in completely different way as a extra benefits for referring.
legendary
Activity: 1652
Merit: 1057
We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
the final results of the MLM scam will surely end. but users who sign up at the beginning is very likely benefit. but it still does not guarantee you will profit. because many MLM also the scam in a short time
Yes there were history that the MLM projects got shut down in the day one itself. So, the question of participating into it in early stages is indirectly supporting it like urging us to invest them if you find an MLM in early days. In other words what is the definition for early days ? and what would be the guarantee they will not wrap up just one day before to that definition.

MLM is just an instrument of the company so they can dispose their products without paying for employees, they will just use the peoples desire so they can dispose their products faster.
If MLM works in similar way of "affiliate marketing" then there would be no harm. Unfortunately MLMs are just circulating our money and the real problem starts there.
hero member
Activity: 994
Merit: 544
We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
the final results of the MLM scam will surely end. but users who sign up at the beginning is very likely benefit. but it still does not guarantee you will profit. because many MLM also the scam in a short time

That is definitely true, there are MLM scams that will not give your outright profit in one go but it will release by percentage depending on schedule. The fear is that even if you belong in the first group as long as you dont have enough recruits since there are no autospill your network is dead and in the end its the company that profits and not you. MLM is just an instrument of the company so they can dispose their products without paying for employees, they will just use the peoples desire so they can dispose their products faster.
hero member
Activity: 1008
Merit: 501
We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
the final results of the MLM scam will surely end. but users who sign up at the beginning is very likely benefit. but it still does not guarantee you will profit. because many MLM also the scam in a short time
sr. member
Activity: 308
Merit: 250
MLM is not a scam,it's just a distribution network

you do know herbal life and avon is listed on stock exchange right?
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
I have a friend who put his money in MLM and it didn't end well. So i won't invest in MLM even if it's still in early stage because i lack the skill to refer in the first place. Investing in this kind of things is the same as robbing people of their money. I'm surprised there's still many greedy people who invest in this kind of thing.
Almost all of the MLM are scams and they will return the dust amounts without any delays to make an impression on you and when you make up your plan to invest big then they wont bother returning back your coins and this is the basic routine they follow.No matter what i would not deposit again since got fooled once a couple of years back.
legendary
Activity: 1232
Merit: 1091
No, I will never do it as the odds for me to never see my money back are too high to take the risk. If however I am 100% to get it back, I will do it.

Edit : I saw about affiliates. So no, I will not do it, as I do not want to do some affiliating. If I need to do the work, better go somewhere else !

Same here, definitely no to promote scam company or scam schemes that will make lots of people lose their money.  If you think of the picture, you earn 10% out of your effort and 90% goes to the scam company.  It is not worth the effort let alone our trust ratings.  
Those people who really desperates in needs money will do everything
Include this dirty business, avoid to become evil, you will not earn good money from there
People have to wake up from the daydreaming to get profit easily and big!
Money always can make everyone gone crazy.
It is interesting that the more desperate you get in your need of money a person will try riskier and riskier options that basically guarantee they are not going to see a single cent back, that is why it is important to avoid that state of mind since it can cloud our judgment.

It's easy to say that people should avoid such state of mind at the time nothing is wrong. But at the time people land themselves into big prolems, the only thing they care about is money, and as fast as possible. Some will gamble as they see it as a fast way of "earning" money, and some of them don't have any problems with investing in obvious scams as long as they end up getting a positive result -- where in normal circumstances these would never be an option.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
No, I will never do it as the odds for me to never see my money back are too high to take the risk. If however I am 100% to get it back, I will do it.

Edit : I saw about affiliates. So no, I will not do it, as I do not want to do some affiliating. If I need to do the work, better go somewhere else !

Same here, definitely no to promote scam company or scam schemes that will make lots of people lose their money.  If you think of the picture, you earn 10% out of your effort and 90% goes to the scam company.  It is not worth the effort let alone our trust ratings. 
Those people who really desperates in needs money will do everything
Include this dirty business, avoid to become evil, you will not earn good money from there
People have to wake up from the daydreaming to get profit easily and big!
Money always can make everyone gone crazy.
It is interesting that the more desperate you get in your need of money a person will try riskier and riskier options that basically guarantee they are not going to see a single cent back, that is why it is important to avoid that state of mind since it can cloud our judgment.
sr. member
Activity: 1190
Merit: 253

I would not invest in a MLM scam in early stage even if there is a chance of getting profit from it since some needs you to promote first and get some affiliate to get some profit from your investment and I wouldn't want to do that. The best thing I can do against these MLM scams are to not invest in them even if we know we can profit from them to stop them from scamming many people if there are there would be less people who lost money.

You say this but when you have the opportunity to make good money you'd never turn it down, we're humans and that's how we are.


Nope, even if the opportunity to make good money knocks if it came from milking other money of fraud and scams, i will never accept such offer.  Even if we are humans, we have conscience and dignity.  I agree it is tempting but I just cannot push other people to be scammed.

sr. member
Activity: 490
Merit: 251
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Well, I'd put it into my head into these terms.

I'd have to know that it is actually in the early stages and I'm just not being sold a boat-load-of fake news when people tell me it's in the early stages and people are going to be buying it up without an issue. The next thing you have to do is to never involved anyone from your own family as you'd really just be selling them down the river in order for them to lose a boat load of money.

If I followed the above I would invest, even though it's unethical and people are going to lose out in the end, that is how the world works and I'd love to make a couple bucks.

I would not invest in a MLM scam in early stage even if there is a chance of getting profit from it since some needs you to promote first and get some affiliate to get some profit from your investment and I wouldn't want to do that. The best thing I can do against these MLM scams are to not invest in them even if we know we can profit from them to stop them from scamming many people if there are there would be less people who lost money.

You say this but when you have the opportunity to make good money you'd never turn it down, we're humans and that's how we are.

We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
This is beyond false buddy, if you're one of the first to a scam with hundreds of thousands you're probably going to make some good money.
legendary
Activity: 2674
Merit: 1048
We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
In a mlm scam theres still positive stage and thats the people who are place on the top they will surely get most of the money because we all know that mlm forms a triangle which means the top will really make most of money and the bottom will surely cry after if theres no people would tend to jump in on the pyramid.
lol who knows it will be gone wild scam early like where there is first investor and then disappeared scam? it is just stupid action for those people who do it , better to gamble in a reliable casino , it is pure gambling and not like that scheme which guaranteed scam.

don't fall with something that ' too good to be true ' you will broke with that way.
legendary
Activity: 3122
Merit: 1140
We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
In a mlm scam theres still positive stage and thats the people who are place on the top they will surely get most of the money because we all know that mlm forms a triangle which means the top will really make most of money and the bottom will surely cry after if theres no people would tend to jump in on the pyramid.
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